Welltower, ManorCare Deal Could Cost ProMedica Its A+ Credit Rating

Standard & Poor’s is contemplating a downgrade of ProMedica Health Systems’ credit rating, in light of the nonprofit’s acquisition of struggling skilled nursing giant HCR ManorCare. That transaction—a joint venture with real estate investment trust Welltower (NYSE: WELL)—closed last week. While asserting that the non-profit health system still has an A+ rating for its long-term […]

Granny Cam Provision Included in Florida Power Generator Bill

Following the deaths of 13 skilled nursing residents in Florida due to a power outage following Hurricane Irma, two Florida lawmakers have introduced legislation to prevent those types of deaths — while also using the bills as an opportunity to pursue a “granny cam” law. Rep. Katie Edwards (D-Plantation) and Sen. Gary Farmer (D-Fort Lauderdale) […]

Top 10 Healthiest States for Seniors in 2017

Seniors looking to stay in tip-top shape might want to consider moving to communities in the Midwest, the Southwest, or on a tropical island. That’s because the healthiest three states in the union are Minnesota, Utah, and Hawaii, according to the 2017 America’s Health Rankings Senior Report from the United Health Foundation, a private nonprofit […]

Top States for High Quality Nursing Homes

The majority of high-quality nursing homes can be found in California, Ohio, and Florida, while the greatest percentages of the best nursing homes are located in Washington, D.C., Colorado, and Delaware, according to rankings from U.S. News & World Report. More than 2,000 nursing homes earned the distinction of a U.S. News & World Report […]

States Where Seniors Use Assisted Living the Most

If you’re speaking with seniors in the Pacific Northwest, there’s a good chance that they are residing in an assisted living community. That’s because Oregon and Washington have the highest rates of residential care use in the nation, according to data posted last Thursday by the Centers for Disease Control and Prevention (CDC). The information […]

Skilled Nursing Wages Rise, Adding to Labor Challenges

As senior living providers address staffing challenges from attracting, training and retaining millennials to combating wage pressures, several job titles in the skilled nursing sector are garnering higher earnings year over year.  The hourly rate of registered nurses who work in nursing homes continues to rise, according to the 2016-2017 Nursing Home Salary & Benefits […]

Top 10 Healthiest States for Seniors

Many seniors are drawn to warm weather states during their retirement years, but they may want to consider the Northeast as the best location for their health. Massachusetts has snagged honors as the healthiest state for older adults in the 2016 America’s Health Rankings Senior Report from the United Health Foundation, a not-for-profit, private foundation established […]

Aging Adults Fear Nursing Homes But Don’t Discuss Alternatives

The next generation of seniors is looking for any alternative to nursing homes—and many even say they’d prefer dying than living in one. But their finances and lack of planning may hamper their ability to take advantage of other options. Specifically, soon-to-be retirees say they’d rather die than live in a nursing home and cite […]

Elmcroft Sheds SNF Division to Focus on Senior Housing

Louisville, Kentucky-based Signature HealthCare LLC has acquired the skilled nursing assets of Elmcroft Senior Living, effectively adding 18 skilled nursing and rehabilitation centers to Signature’s holdings, Louisville Business First reported. Financial terms of the transaction were not disclosed. “This strategically works better for us,” Elmcroft CEO Pat Mulloy tells Senior Housing News. “The largest portion of […]

How Congress Could Upend Senior Care Financing

Amid recent reports of patient harm and a lack of oversight within nursing homes, a new law could start holding nursing homes more accountable for low quality ratings. The Nursing Home Accountability Act, sponsored by U.S. Rep. Mark Walker (R-NC), aims to cut nursing homes with the lowest scorers from Department of Housing and Urban […]